But you would need to go to the planning department and ask.  

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

I work specifically with out-of-state investors to buy, sell, and manage their rentals homes.

My investor plans to turn this into a nice 4 bed home with the goal of selling between 250-275k What made you interested in investing in this type of deal?

@Hitanshu Shah-congrats...assuming the 4 plex will be a rental - your best bet will be 25% down and likely a 30 yr fixed program ....if you plan to sell or refinance  the loan within a few yrs - focus on the option  with the lowest loan fees 

The biggest advice I can give you is to figure out your own goals, and be specific, so I want to invest in multi family for cash flow for instance is too broad, is your goal to have an investment or a place you enjoy living, those are often in conflict as most multi family tends not to be in the most desirable parts of towns, are you willing to high cash flow in exchange for alot more effort, risk and limited appreciation, or do you want a more stable property with potentially less or even zero cash flow, if it’s a primary residence, are you going to live there long enough to make it more sense than renting, the breakeven period in a place like Baltimore might be 3-5 years.

After hearing them explain it, my mind immediately started spinning and imagining all types of ideas to support some of my future real estate business plans.

Whole surrounding area and county is being developed.Our plan is to turn one of the buildings into a cannabis micro grower.

You will need a real estate specific Texas licensed attorney to draft the sub-to offer...unless you just want to broach the subject with the seller via a Letter of Intent. 

Hello,I currently have an investment property in the University of Indianapolis area (east side specifically in 46227 zip code).